Daily analysis - Stock Market, Bonds, Forex and more
posted 9.29 a.m. est Pre-open comment Tuesday 8th March Monday: ES spent very little time after the Open above yesterday's 8dayVAH. Also quickly declined back below the 50day poc at 1318 which is not indicating strength ST. Time at 1315 … [Continue reading]
posted 9.29 a.m. est Pre-open comment Monday 7th March Longframe: Chartprofit Market Timing System stayed positive for all Major U.S. Market Charts except SP500 which turned neutral. %Stocks > 50dyma: stayed above the 50 level for all … [Continue reading]
Pre-open comment Friday 4th March The unusual lack of follow through from the Sellers (red-at-bottom low not tested) and ES printing all of Thursday's session above the 1318 poc puts the chart back in a strong position. This looks like Significant … [Continue reading]
posted 9.29 a.m. est Pre-open comment Thursday 3rd March ES has tested the High and Low of the 8day Value Area in the last two days and pre-open today is printing back at 1318, the 30day poc. The 8dayVAH today comes in at 1321.50 … [Continue reading]
posted 9.18 a.m. est Pre-open comment Wednesday 2nd March Tuesday: ES opened above the 8dayVAH at 1329.50 and immediately sold off. Responsive Selling was marked AND Aggressive Selling later in the day. Today's 8dayVAL comes in at 1297 which … [Continue reading]
webcast 1st March … [Continue reading]
posted 4.30 a.m. est Pre-open comment Tuesday 1st March Yesterday's comments (highlighted above) are relevant. These comments written 4a.m. est and ES prints 1335, well above the 1318poc. When ES prints above the 8dayVAH it has had a tendency … [Continue reading]
webcast 28th February … [Continue reading]
posted 8.40 a.m. est Pre-open comment Monday 28th February Longframe: Chartprofit Market Timing System stayed positive for all Major U.S. Market Charts. Dayframe: On Friday ES spent most time back at the 30day poc. The fact that this level … [Continue reading]
posted 9.29 a.m. est Pre-open comment Friday 25th February On Thursday there was a brief price probe (actually less than one minute) below the 1293 support. This is now proven support and time spent below that level would indicate … [Continue reading]